8 Financial Ducks to Line Up Now

Family of ducks swimmingProtect minority interests and strengthen your partnership.

By August Aquila
What Makes a Great Partnership

With busy season just around the corner, it’s a good time now to tweak your firm’s financials and partner performance.

Start by reviewing your billing rates, billing and collection policies, type of work partners are doing, how you reward performers and your leadership.

MORE on LEADERSHIP for PRO Members: 5 Questions About Your Firm’s Direction | 6 Reasons to Keep Partners from Retiring | 6 Reasons Why CPA Firms Fail in Innovation | 6 Steps to Handle Staffing Problems in a Merger | 7 Signs Your Firm Is Headed for an Implosion | It’s Not Always about Money: 16 Tweaks for Your Comp System | Eight Key Goal Areas for Partners | Like Herding Cats: Partners Must ‘Walk Together’ | Managing Partners Must Remember Partners’ Needs | New Times Call for New CPA Firm Metrics | Partners Have Love-Hate Relationship with Leadership | 6 Things Leaders Must Do | Three Ways to Run a Firm: But Only One Is Sustainable | Partnership Is About Persuasion

Take the time to focus on what drives the bottom line. It’s time well spent.

Here are eight issues you shouldn’t miss: